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Expert: Ultimatum Breakout_fix.ex4 v5.58 (Unlocked), Document: UltimatumBreakoutsettings.txt.
Ultimatum Breakout EA — Smart, Low-Risk Breakout Trading for EUR/USD H1
The Ultimatum Breakout EA is a powerful trading system designed around the proven strategy of valid breakout identification, enhanced by multiple custom indicators that filter out false signals. This means you get cleaner, more reliable trade entries that help maximize profits while minimizing risk.
Key Benefits
Tight Stop Loss: Uses very small stop losses to protect your account and limit drawdowns on every trade.
Adaptive Trade Management: Automatically calculates spreads for pending orders, stop loss, trailing stops, and breakeven levels, ensuring smooth trade execution.
Thoroughly Tested: Backtested on real ticks with 99.9% accuracy and passed rigorous stress tests to confirm reliability.
Safe Trading Approach: No martingale, no arbitrage, no scalping — just straightforward breakout trading with strict risk controls.
Optimized for EUR/USD on H1 timeframe
This EA is specifically tailored for the EUR/USD pair using the 1-hour chart, delivering focused performance where it counts.
Broker & Trading Environment Recommendations
Use a broker with low spreads, low commissions, and fast execution.
Running the EA on a VPS server with minimal latency to your broker is highly recommended.
Always start with a demo account or minimal risk settings to familiarize yourself with the EA before going live.
Customizable Parameters
Show_Info_Panel: Toggle the info panel for faster testing.
Magic: Unique trade identifier for the EA.
Order_Comment: Add custom comments to your trades.
Slippage: Maximum slippage allowed when opening orders.
Max_Spread: Prevents trade execution if the spread is too wide.
Adaptive_Spread_for_trade: Option to add spread value to trailing stops and stop losses.
Order_Type: Choose trading direction (long, short, or both).
Fixed_Lot / Use_Risk_MM: Use fixed lot size or let the EA manage lot size dynamically based on account balance and risk percentage.
Take_Profit & Stop_Loss: Set your desired TP and SL in points.
Smart StopLoss & Trailing Stops: Dynamic stop loss adjustments and trailing stop features to protect profits.
BreakEven: Move stop loss to breakeven after a certain profit level is reached.
Time-Based Trading Control
Enable time restrictions to trade only during your preferred hours.
Set server or computer time and specify the GMT offset.
Define daily trading start and end times.
Configure special trading cutoffs for Fridays to avoid weekend risk.
Summary
Ultimatum Breakout EA combines precision breakout trading with smart risk management to deliver a robust, easy-to-use system for EUR/USD on the hourly timeframe. It’s designed to protect your capital while helping you capture consistent profits from high-probability breakout moves.